Domestic Trade Division acts in regulating foreign participation in the distributive trade sector in accordance with the provisions in the Guidelines on Foreign Participation in Distributive Trade in Malaysia (Amendment) 2010.
This guideline seeks to:
- Encourage modernization and increase the efficiency of the industry and its continued contribution to the growth of the economy; and
- Ensure an orderly and fair development of the distributive trade industry, while ensuring growth of business activity of local businesses; and
- Increase Bumiputera participation in the economic sector, in line with the National Development Policy.
Details related to Guidelines on Foreign Participation in the Distributive Trade in Malaysia (Amendment) Act, 2010 is as follows: